Use the Information Below for the Following Problem(S)

question 33

Multiple Choice

Use the Information Below for the Following Problem(S)
You purchased 100 shares of GE common stock on January 1, for $29 a share. A year later you received $1.25 in dividends per share and you sold it for $28 a share.
-Refer to Exhibit 1.9.Calculate your holding period return (HPR) for this investment in GE stock.

• A) 0.9655
• B) 1.0086
• C) 1.0357
• D) 1.0804
• E) 1.0973

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Definitions:

Illicit Behavior

Acts that are forbidden by law, rules, or custom.

Drug Use

The consumption of substances for their psychoactive effects, which can range from prescribed medications to illegal narcotics.

Reckless Behavior

Actions taken without consideration for the potential harm or consequences to oneself or others, often impulsive and risky.

Adolescents

Young people in the transitional stage of development from childhood to adulthood, typically ranging from age 13 to 19.